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Hexagonal Boron Nitride Market Share

Report ID: GMI12593
Published Date: Dec 2024
Report Format: PDF

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Hexagonal Boron Nitride Market Share

Innovation, strategic partnerships, and advanced manufacturing processes drive the competitive landscape of the hBN market. Leading companies are not only producing high purity hBN materials but are also broadening their application portfolios to tap into emerging industries.

Key players such as 3M, Saint-Gobain, and Momentive Technologies lead the market, bolstered by their established presence and significant R&D investments. Their emphasis lies in upholding product quality and crafting new hBN grades tailored for specific applications. Meanwhile, companies like American Elements and Precision Ceramics stand out by providing customizable solutions for niche markets. Grolltex is making strides with its innovations in hBN films for electronics. On the other hand, smaller entities like Henze Boron Nitride Products and Panadyne carve their niche through specialized products and adaptable customer support.

Hexagonal Boron Nitride Market Companies

Major players operating in the hexagonal boron nitride industry are:

3M
American Elements
Denka Company
Grolltex
Henze Boron Nitride Products
Momentive Technologies
Panadyne
Precision Ceramics
Resonac Holdings Corporation
Saint-Gobain

Authors: Kiran Pulidindi, Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global market size for hexagonal boron nitride was valued at USD 954.1 million in 2024 and is expected to reach USD 1.6 billion by 2034, driven by a CAGR of over 5.5% from 2025 to 2034.

The premium grade segment was valued at USD 517.3 million in 2024 and is anticipated to grow at a CAGR of 6% during the forecast period from 2025 to 2034.

The U.S. market was valued at USD 307 million in 2024 and is expected to grow at a CAGR of 6.4%, driven by its robust electronics, aerospace, and automotive sectors.

Major players in the industry include 3M, American Elements, Denka Company, Grolltex, Henze Boron Nitride Products, Momentive Technologies, Panadyne, Precision Ceramics, Resonac Holdings Corporation, and Saint-Gobain.